NEW YORK (CNNMoney.com) - The Senate on Tuesday introduced a bipartisan bill that would prevent a 25% cut in doctors' Medicare reimbursement rates in 2011.

The bill, which would cost $19.3 billion over 10 years, would be paid for by changing a provision of the health reform act that provides tax credits for people who buy coverage. The credit is scaled to a person's income. The legislation would increase the amount people would have to repay if they underestimate their earnings.

soundoff(3 Responses)

Nancy Pelosi, the wicked witch of the west, the DemocRAT gift that just keeps on giving

A 1997 law requires that doctors' Medicare rates be adjusted each year based on the health of the economy, with the goal of keeping the program in the black. Rate cuts have been blocked 10 times in the last eight years, including five times this year.
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So isn't the CORRECT solution to repeal this obviously unenforced law? Why continue this obvious facade? It is just pure deceit and leads to this kind of BS. This is why people hate politicians.

December 7, 2010 11:13 pm at 11:13 pm |

PaulC

When will they stop this medicare rate cut nonsense. They pay very little now and if they cut the rate as planned they may as well cancel medicare. I noticed that there are no programmed cuts on the medical care provided by the members of congress.